Integrated procurement-production inventory model in supply chain: A systematic review

Inventory affects the production process and supply chain activities. Integrated decision inventory improves performance and optimizes supply chain activities. However, its disadvantage is the Integrated Procurement Production (IPP) inventory model, which manages the raw material inventory in procur...

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Bibliographic Details
Main Authors: Dana Marsetiya Utama, Imam Santoso, Yusuf Hendrawan, Wike Agustin Prima Dania
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Operations Research Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S221471602200001X
Description
Summary:Inventory affects the production process and supply chain activities. Integrated decision inventory improves performance and optimizes supply chain activities. However, its disadvantage is the Integrated Procurement Production (IPP) inventory model, which manages the raw material inventory in procurement activities, works in process, and finished products. This study reviewed the IPP inventory model problem using a systematic review of 102 published papers from 1992 to 2021. The reviewed papers were based on complexity, type of model, data, time dynamics, optimization, solution, and paper. This study presented the IPP inventory model analysis, gap, and future study directions.
ISSN:2214-7160